Rambus (RMBS) - Eagle or Penguin Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 94.48

+0.3%

Dec 24 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MulhollandDrive who wrote (8556)	10/14/1998 5:51:00 PM
From: MileHigh	Read Replies (1) of 93625

It's all in the forward look and news, because- 1- +5% revenue growth -vs- last qtr 2- income flat -vs- last qtr 3- EPS .07 -vs- .07 last qtr 4- GM this qtr 18.8% -vs- last qtr 19.7% (but 12.0% on YE 9/30/97) 5- current tax rate = 40% (not an issue just a comment) 6- Net margin 18.0% -vs- 18.5 last qtr 7- Big Positive though is royalties revenues +40% -vs- last qtr 8- deferred revenue decreased -vs- last qtr 9- Current ratio declined from 3.32 to 2.85 (but still very solid!) RMBS has a SOLID balance sheet. But my main thesis has been that the LT story for RMBS has never looked better, but I wonder how patient WS will be with lackluster growth qtr to qtr, remembering that one analyst estimates FY '99 revenues to be $42M versus just reported $38M (only a 10% increase or 2.5% per qtr). That is why we all say it is all in the call, but barring any new comments made by management and/or "new" news, I do not see RMBS making any big SUSTAINED moves to the upside anytime soon. Next spring is another issue! Just my .02! Regards, MileHigh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next